EXFO Inc (EXFO) Jumps: Stock Moves 6.1% Higher

EXFO Inc (EXFO) was a big mover last session, as the company saw its shares rise over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company as the stock is now trading above the past one price month‘s volatile price range of $4.19 to $4.72.

This provider of test and service assurance solutions in the telecommunications industry has seen no estimate revision in the last 30 days, while the Zacks Consensus Estimate hasn’t been in a trend either. Yesterday’s rally is encouraging though, so make sure to keep a close watch on this firm in the near future.

EXFO currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Better-ranked stocks in the communication equipment industry include Comtech Telecommunications Corp. (CMTL), InterDigital, Inc. (IDCC) and Qualcomm, Inc. (QCOM). While Comtech and InterDigital sport a Zacks Rank #1 (Strong Buy), Qualcomm holds a Zacks Rank #2 (Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>




EXFO INC (EXFO): Free Stock Analysis Report

COMTECH TELECOMMUN CP (CMTL): Free Stock Analysis Report

INTERDIGITAL INC (IDCC): Free Stock Analysis Report

QUALCOMM INC (QCOM): Free Stock Analysis Report


Zacks Investment Research